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Shiv Sena pushing Aditya Thackeray for CM delaying Maha govt formation

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Yuva Sena president Aditya Thackeray

New Delhi, Nov 19 : As talks between the Congress and NCP continue on a Common Minimum Programme, one factor causing unease is of Shiv Sena supremo Uddhav Thackeray pushing for his son Aditya Thackeray to be the Chief Minister of Maharashtra.

A top source told IANS that Uddhav’s pushing for his son at the helm has caused uneasiness in the Nationalist Congress Party with most NCP leaders not willing to work with a greenhorn like Aditya.

The NCP is also pushing for a rotational chief ministerishp for its party. The leaders of both the parties are ready to work with Uddhav.

A top source said the delaying of government formation in Maharashtra is not because of Congress but NCP chief Sharad Pawar “who is more apprehensive of the Sena than Congress”.

A source said the NCP chief has rightly said that they have not discussed government formation with Sonia Gandhi.

The NCP leader is wary of ideological contradictions with the Sena and its style of functioning.

Shiv Sena leader Sanjay Raut has also said that “understanding Pawar’s statement is not an easy task”.

As per the deal on the table, the Congress will get the Speaker’s post and a Deputy CM post in the government, while the NCP will get the Deputy CM post along with that of legislative council chairman. All the three parties are likely to get the same share in the council of ministers.

The parties are negotiating portfolios of Home, Finance, Revenue, Housing and Cooperatives in the state.

The Congress is likely to pitch for Home and Revenue, while NCP wants Finance and Cooperatives.

The Ministry of Cooperatives is perceived very important in the state as most of the sugar mills are controlled by cooperative societies. Shiv Sena will get the CM post, said a senior leader.

The Congress wants finalisation of the Common Minimum Programme before moving forward with an official announcement.

The CMP will have clear-cut objective on the issue of core agenda of Shiv Sena, as Congress is apprehensive about the behaviour of the Sena leaders.

(Saiyed Moziz Imam Zaidi can be contacted at [email protected])

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FM Sitharaman may push for Rs 30K cr interim dividend from RBI to meet low revenue generation, slowdown

The government is fighting a six year low growth, subdued demand and consumption leading to projections of 5 per cent growth in current fiscal which is an 11 year drop.

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Nirmala Sitharaman
RBI governor Shaktikanta Das and FM Nirmala Sitharaman RBI governor Shaktikanta Das and FM Nirmala Sitharaman and at the post-Budget meeting (Picture Credit DNA)

The Finance Ministry is likely to push for Rs 25,000-30,000 crore interim dividend from RBI, for the third time in a row, to check slippages in the fiscal deficit of 3.3 per cent in 2019-20.

The central bank and government may touch upon the issue when Finance Minister Nirmala Sitharaman will meet RBI Governor Shaktikanta Das at post Budget Vision customary meeting.

Government has a Budget estimate of Rs 90,000 crore dividend from RBI in FY20. RBI follows a fiscal of July-June. The interim dividend of the RBI’s total dividend for 2019-20 (July-June) can help the government check 3.3 per cent fiscal deficit target slippage.

In the past RBI has paid a total Rs 38,000 crore as interim dividend (Rs 28,000 crore in FY19 and Rs 10,000 crore in FY18).

“If the RBI board recommends, then it will be the third time when interim payout will be given to the government,” said sources.

The central bank had paid Rs 28,000 crore as interim dividend from its 2018-19 fiscal accounts (July-June) in February, which helped the government contain deficit at 3.4 per cent in the last fiscal.

The Reserve Bank follows July-June financial year and usually distributes the dividend in August after annual accounts are finalised and interim dividends if any, they are given around February to the government.

Seeking interim dividends are not common. The Bimal Jalan-led committee on the RBI’s economic capital framework recommended in August that an interim dividend should be paid to the government only in “exceptional circumstances”.

The Finance Ministry’s contention is that this year has “exceptional circumstances” because of the slowdown, low revenue generation and outgo of Rs 1.45 lakh crore due to corporate tax cuts.

For 2018-19 (July-June), the RBI transferred a total of Rs 1.76 trillion to the central government, including a one-time transfer of Rs 52,637 crore which was deemed as excess reserves and comprising Rs 1,23,414 crore of surplus for the year 2018-19.

The government is fighting a six year low growth, subdued demand and consumption leading to projections of 5 per cent growth in current fiscal which is an 11 year drop.

On Monday, the International Monetary Fund (IMF) slashed India’s FY20 growth forecast to 4.8 per cent, besides trimming global outlook and said India’s slow growth is dragging down the world economy.

The Finance Ministry might seek the interim dividend from the RBI to meet some of the financial pressure due to the low revenue generation from taxes and disinvestment and slowdown, said the sources.

The RBI largely earns profits on its trading of currencies and government bonds. Part of these earnings are set aside by the RBI for its operational and contingency needs while the rest is transferred to the government in the form of dividends.

The Union Budget 2019-20 had pegged dividend or surplus of the RBI, nationalised banks and financial institutions at Rs 1.06 lakh crore up from Rs 74,140.37 crore realised in the previous fiscal.

(Anjana Das can be contacted at [email protected])

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31% Goa IT workers battle hypertension, 40% overweight: Study

“Thirty seven (31.4 per cent) had hypertension, 50 (42.4 per cent) suffered from pre-hypertension… 13 (11.2 per cent) had diabetes mellitus and three (2.5 per cent) blood sugar in pre-diabetic range,” the study noted.

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working pressure hypertension

Panaji, Jan 20 : Nearly 31 per cent of the IT sector workforce in Goa suffers from hypertension whereas more than 40 per cent are either overweight or obese, a cross-sectional study of IT professionals working in the coastal state has revealed.

“A majority of the 118 surveyed employees — 63 (53.4 per cent) — had normal range body mass index, seven (5.9 per cent ) were underweight, 40 (33.9 per cent) overweight, six (5.1 per cent) class I obesity and two (1.7 per cent ) class II obesity,” the study by Preksha P Vernekar, Kalyani and Jagadish A Cacodcar said.

“Thirty seven (31.4 per cent) had hypertension, 50 (42.4 per cent) suffered from pre-hypertension… 13 (11.2 per cent) had diabetes mellitus and three (2.5 per cent) blood sugar in pre-diabetic range,” the study noted.

“A significant prevalence of lifestyle diseases is noticed among the participants in the study. Lifestyle diseases like hypertension, diabetes, dyslipidaemia and overweight/obesity are major risk factors for the development of cardiovascular disease,” as per the study published in the Epidemiology International journal.

Considerable pre-hypertension cases raised concern over possible cardiovascular morbidities along with complications in due course of time, the research paper’s authors pointed out.

The study data was collected from health records of 118 IT professionals working in four top Information Technology firms in Goa, whose government is pitching the coastal state as a destination for IT start-ups.

The study authors, all medical professionals working at the state’s top government-run medical facility, also underlined the need for periodic health checkups to ensure timely detection and early management of health problems.

“The companies should have mandatory periodic health check-ups of their employees, preferably at their health centres, to gain better insight into their general health status.

“Pre-placement examination of employees is must to know their working capacity so as to ensure ergonomics as well as to procure first-hand knowledge on health problems workers may be suffering from before employment,” the study recommended.

The study suggested the introduction of stress-busting modules in the IT work space to ensure better physical and mental health of staff, which ensured better performance by the workforce.

“Health education on diet, physical activity and relaxation techniques such as yoga and meditation can be imparted to employees. These steps will finally improve their performance and in turn lead to decreased incidence of morbidities, absenteeism due to sickness and job stress, thereby leading to optimum work output,” the study said.

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BJP denies tickets to 3-time MLA Kulwant Rana, 25 others

Rana became the youngest candidate to win the elections in 2003, while he retained his seat from Rithala constituency in 2008 and 2013 too.

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New Delhi, Jan 17 : The Bharatiya Janata Party (BJP) on Friday announced the first list of candidates for the Delhi Assembly elections to be held on February 8.

In its first list, the party announced 57 candidates while it denied tickets to 26 leaders, including former state vice president and three time MLA Kulwant Rana.

Rana became the youngest candidate to win the elections in 2003, while he retained his seat from Rithala constituency in 2008 and 2013 too.

The BJP has still not announced its candidates for 13 seats, including New Delhi, Mehrauli and Sangam Vihar.

The party has fielded Manish Chaudhary in place of Rana from Rithala. Sources said the party denied a ticket to Rana as he was involved in some controversies.

Similarly, Rajni Abbi has been replaced by Surendra Singh Bittu in Timarpur, while Rajesh Yadav from Badli, Gugan Singh Ranga from Bawana, Prabhu Dayal from Sultanpur Majra, Surjeet from Mangolpuri and Nandkishor from Trinagar have not been given tickets for the upcoming Assembly polls.

The party has also denied the ticket to Vivek Garg, who lost the elections in 2015 from the Model Town seat, and fielded former AAP Minister Kapil Mishra, who joined the BJP after quitting AAP.

The party has also denied tickets to Praveen Jain from Sadar Bazar, Shyam Lal from Ballimaran, B.B. Tyagi from Laxmi Nagar, Jitendra Chaudhary from Gandhi Nagar, Sanjay Jain from Seelampur, Ajay Mahawat from Ghonda and Krishna Teerath from Patel Nagar.

The party has also changed the candidates in Janakpuri, Uttam Nagar, Palam, Jangpura, Malviya Nagar, Ambedkar Nagar, Greater Kailash, Kondli and Patparganj.

(Navneet Mishra can be reached at [email protected])

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